Cryptocurrency Mining For Dummies - EVGA GeForce GTX 1060 Superclocked Review

in #cryptocurrency7 years ago

Welcome to another edition of Cryptocurrency Mining for Dummies!

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GeForce GTX 1060 Superclocked Graphics Card

Over the Christmas Holiday, I acquired a couple EVGA GeForce GTX 1060 Superclocked graphics cards to beef up one of my mining rigs. The Superclocked version of the cards were on sale at Newegg.com and with the rebate were only $190 each.

With Bitcoin prices riding high and pulling the price of Alt-coins higher, these cards had an expected return on investment of about 60 days. Unfortunately there was a limit of two on these cards, otherwise I would have purchased a couple more.

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The cards have a single fan and a small footprint which enables you to fit them in a tight rig where space is a premium. Another nice feature is they only draw 120 watts of power and require a 6 pin power connector, so you can run 4 cards on only 1 mid-sized power supply.

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The Superclocked card has a Core Clock speed of 1607 MHz, with a Boost Clock speed of 1835 verses the standard card which has a Core Clock speed of 1506 MHz and a Boost Clock speed of 1708 MHz. That 7% speed boost can add a lot of coins to your wallet over the years.

Performance

By selecting the 1060 card on Whattomine.com we get the expected performance for different algorithms.

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But since this is a Superclocked card, I expect the performance to be a little better. So I ran several popular algorithms to test the cards actual performance and compared them to the expected results.

First I tested Equihash

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then Cryptonight

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followed by Neoscrypt

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Lyra2REv2

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and finally LBRY.

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I also benchmarked Bitcore

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and Keccak.

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This will give me an idea of the cards performance with those algorithms since they can be some of the better paying algorithms at times.

The table below shows the resulting increase of the actual over the estimated performance.

AlgorithmEstimatedActual% Increase
Equihash2702907.4%
Cryptonight4304351.2%
Neoscrypt50062925.8%
Lyra2REv220.3228.4%
LBRY1701752.9%

As you can see, the Superclocked card offers almost no advantage for Cryptonight based coins, but a huge advantage for Neoscrypt coins and lesser advantages for the other algorithms.

After plugging in the actual hash rates for the different algorithms, I was able to see that currently Smartcash is the most profitable coin to mine at over $3 a day profit.

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Another advantage to mining Smartcash is that if you hold over 1000 coins in your wallet for over a month you can receive bonus coins through Smartrewards. You can learn more about Smartrewards at the official Smartcash website.

In Conclusion

All in all, I am very happy with my purchase of these new cards. I think they will prove to be a very profitable purchase in the months to come.

Until next time...

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Looks like Smartcash continues to be the best paying coin to mine with Nvidia GPUs.

Just be sure to store them in your wallet to receive the Smartrewards.

nice price and card just checked in my country its 350 euro and overclocked 400 euro , its around 500 usd lol . how often youa re able to grab this kind of deals?

I just checked newegg and the Superclocked card is sold out right now, but shows regular price is $275. The basic 1060 is $225. The last month or so, one flavor of card or another has been on sale every week.

smart cash seems to be have the great future ahead too looking at the concept of the coin
May this New Year brings you a peace filled life, warmth and togetherness in your family and much prosperity! Happy New Year!

Thank you @blazing. Happy New Year to you also.

ya, i am looking for some of device to mine cryptocoin, thanks for your information.

Thanks for a detailed post very nice to understand :)
Happy New Year

great purchase it seems very cool indeed thanks for sharing and Happy New Year

I am thinking of mine an alt at the moment. should have check on you always to get an update. .

interesting information along with it great comparisons too :) thanks for sharing
Happy New Year

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